PNC Home Equity Line of Credit Review

PNC Home Equity Line of Credit is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Home Equity Line of Credit is available in 50 states (and Washington, DC).

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What range of rates does PNC Home Equity Line of Credit offer?

PNC Home Equity Line of Credit offers APRs starting at 4% .

Remember the APRs of HELOCs do not include points and financing charges, just the interest rate. Most home equity lines of credit have a variable interest rate. Fixed interest rates -- if available -- typically have higher APRs, but your monthly payments don't change over the life of the line of credit.

What fees does PNC Home Equity Line of Credit charge for a HELOC?

PNC Home Equity Line of Credit may charge a loan origination fee. There is also an annual fee of $50.

What types of property can you use as security for a HELOC with PNC Home Equity Line of Credit?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. PNC Home Equity Line of Credit will consider lines of credit secured by the following property types:

• Primary homes.
• Secondary homes and vacation properties